| Product Code: ETC5031104 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Togo`s import shipments of armored vehicles in 2024 saw significant growth, with top exporters being South Africa, UAE, China, Ethiopia, and Netherlands. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 19.83% from 2020 to 2024 reflects a robust industry. Moreover, the notable growth rate of 32.27% from 2023 to 2024 suggests a rising demand for armored vehicles in Togo, signaling potential opportunities for market players in the coming years.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Togo Armored Vehicle Market Overview |
3.1 Togo Country Macro Economic Indicators |
3.2 Togo Armored Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 Togo Armored Vehicle Market - Industry Life Cycle |
3.4 Togo Armored Vehicle Market - Porter's Five Forces |
3.5 Togo Armored Vehicle Market Revenues & Volume Share, By Platform, 2021 & 2031F |
3.6 Togo Armored Vehicle Market Revenues & Volume Share, By Mobility, 2021 & 2031F |
3.7 Togo Armored Vehicle Market Revenues & Volume Share, By System, 2021 & 2031F |
4 Togo Armored Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing security concerns and threat of terrorism in Togo |
4.2.2 Government initiatives to modernize defense and security forces |
4.2.3 Growth in military expenditure and defense budgets |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs of armored vehicles |
4.3.2 Limited technological advancements in the local defense industry |
4.3.3 Political instability and economic uncertainties in the region |
5 Togo Armored Vehicle Market Trends |
6 Togo Armored Vehicle Market Segmentations |
6.1 Togo Armored Vehicle Market, By Platform |
6.1.1 Overview and Analysis |
6.1.2 Togo Armored Vehicle Market Revenues & Volume, By Combat Vehicles, 2021-2031F |
6.1.3 Togo Armored Vehicle Market Revenues & Volume, By Combat Support Vehicles, 2021-2031F |
6.1.4 Togo Armored Vehicle Market Revenues & Volume, By Unmanned Armored Ground Vehicles, 2021-2031F |
6.2 Togo Armored Vehicle Market, By Mobility |
6.2.1 Overview and Analysis |
6.2.2 Togo Armored Vehicle Market Revenues & Volume, By Wheeled, 2021-2031F |
6.2.3 Togo Armored Vehicle Market Revenues & Volume, By Tracked, 2021-2031F |
6.3 Togo Armored Vehicle Market, By System |
6.3.1 Overview and Analysis |
6.3.2 Togo Armored Vehicle Market Revenues & Volume, By Engine, 2021-2031F |
6.3.3 Togo Armored Vehicle Market Revenues & Volume, By Drive System, 2021-2031F |
6.3.4 Togo Armored Vehicle Market Revenues & Volume, By Ballistic Armor, 2021-2031F |
6.3.5 Togo Armored Vehicle Market Revenues & Volume, By Turret Drives, 2021-2031F |
6.3.6 Togo Armored Vehicle Market Revenues & Volume, By Ammunition Handling System, 2021-2031F |
6.3.7 Togo Armored Vehicle Market Revenues & Volume, By Fire Control Systems (FCS), 2021-2031F |
6.3.8 Togo Armored Vehicle Market Revenues & Volume, By Countermeasure System, 2021-2031F |
6.3.9 Togo Armored Vehicle Market Revenues & Volume, By Countermeasure System, 2021-2031F |
7 Togo Armored Vehicle Market Import-Export Trade Statistics |
7.1 Togo Armored Vehicle Market Export to Major Countries |
7.2 Togo Armored Vehicle Market Imports from Major Countries |
8 Togo Armored Vehicle Market Key Performance Indicators |
8.1 Average age of armored vehicle fleet in Togo |
8.2 Number of defense contracts awarded for armored vehicles |
8.3 Percentage of defense budget allocated to armored vehicle procurement and maintenance |
8.4 Training hours for military personnel on operating armored vehicles |
8.5 Rate of adoption of new technologies in armored vehicle designs and features |
9 Togo Armored Vehicle Market - Opportunity Assessment |
9.1 Togo Armored Vehicle Market Opportunity Assessment, By Platform, 2021 & 2031F |
9.2 Togo Armored Vehicle Market Opportunity Assessment, By Mobility, 2021 & 2031F |
9.3 Togo Armored Vehicle Market Opportunity Assessment, By System, 2021 & 2031F |
10 Togo Armored Vehicle Market - Competitive Landscape |
10.1 Togo Armored Vehicle Market Revenue Share, By Companies, 2024 |
10.2 Togo Armored Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |